Banking shares on April 20; Axis Bank Limited tanks almost 6%

Banking shares on April 20; Axis Bank Limited tanks almost 6%

Banking shares on April 20; Axis Bank Limited tanks almost 6%

Banking shares on April 20: On Monday, the stock market reported a mixed trend. The Sensex reported a bullish trend, while Nifty reported a bearish trend in the stock market on Monday. However, the Sensex trading above 31,600 level and Nifty trading below 9,300 level in the stock market. The Sensex gained 59.28 points with a 0.19% increase and reached a 31,648.00 level. While Nifty lost 4.90 points with a 0.05% decrease and reached 9,261.85 level.

On the other side, the number of coronavirus cases in India reached 17,265 as of Monday, April 20 and deaths reached 543.

Besides, the Nifty Bank lost 158.80 with a 0.77% decrease and reached 20,522.65 level. The list of companies reported a bearish trend in the stock market is as follows:

Federal Bank Limited: The bank closed its mixed trend in the stock market on Monday.  The bank lost 0.050 points with a 0.11% decrease and reached 45.95 INR. While in BSE, the bank gained 0.100 points with a 0.22% increase and reached 46.05 INR.

IndusInd Bank Limited: The bank closed its bearish trend in the stock market on Monday.  The bank lost 16.95 points with a 3.57% decrease and reached 457.50 INR. While in BSE, the bank lost 17.70 points with a 3.73% decrease and reached 457.00 INR.

Axis Bank Limited: The bank closed its bearish trend in the stock market on Monday.  The bank lost 25.80 points with a 5.39% decrease and reached 453.00 INR. While in BSE, the bank lost 24.50 points with a 5.10% decrease and reached 455.55 INR.

ICICI Bank Limited: The bank closed its bearish trend in the stock market on Monday.  The bank lost 13.80 points with a 3.67% decrease and reached 361.75 INR. While in BSE, the bank lost 14.45 points with a 3.84% decrease and reached 361.50 INR.

IDFC Bank Limited: The bank closed its bearish trend in the stock market on Monday.  The bank lost 1.45 points with a 5.49% decrease and reached 24.95 INR. While in BSE, the bank lost 1.55 points with a 5.87% decrease and reached 24.85 INR.

Bandhan Bank Limited: The bank closed its bearish trend in the stock market on Monday.  The bank lost 0.80 points with a 0.37% decrease and reached 215.50 INR. While in BSE, the bank lost 1.30 points with a 0.60% decrease and reached 216.10 INR.

RBL Bank Limited: The bank closed its bearish trend in the stock market on Monday.  The bank lost 8.80 points with a 6.88% decrease and reached 119.20 INR. While in BSE, the bank lost 8.55 points with a 6.67% decrease and reached 119.55 INR.

Kotak Mahindra Bank  Limited: The bank closed its bearish trend in the stock market on Monday.  The bank lost 8.45 points with a 0.71% decrease and reached 1,177.80 INR. While in BSE, the bank lost 8.90 points with a 0.75% decrease and reached 1,177.55 INR.

Top Gainers in Private Banking Sector on April 20 stock market are as follows: 

HDFC Bank Limited: The bank closed its bullish trend in the stock market on Monday.  The bank gained 33.00 points with a 3.63% increase and reached 943.30 INR. While in BSE, the bank gained 35.60 points with a 3.91% increase and reached 946.00 INR.

Punjab National Bank Limited: The bank closed its bullish trend in the stock market on Monday.  The bank gained 1.20 points with a 3.77% increase and reached 33.00 INR. While in BSE, the bank gained 1.05 points with a 3.30% increase and reached 32.90 INR.

In the border market, the S&P BSE Smallcap index reported a bullish trend in the stock market on Monday. It gained 86.00 points with a 0.80% increase and reached a 10,886.91 level. The S&P BSE Midcap index lost 25.24 points with a 0.21% decrease and reached an 11,798.83 level.

Top Gainers on April 20: Tata Motors, Infosys, HDFC Bank, Sun Pharma, and NTPC are the top gainers in the stock market. 

Top Losers on April 20: Hindalco, JSW Steel, Bharti Infratel, Axis Bank, and Grasim are the top losers in the stock market.

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